Kaia Foundation proposes community council

BlockBeats news, on August 29, the Kaia Foundation, which merged Finschia and Klaytn, proposed the establishment of the Kaia Community Committee (KCC) to promote the rapid and efficient expansion of the Kaia ecosystem.

The proposal aims to promote the rapid and efficient expansion of the Kaia ecosystem by establishing professional sub-committees. According to the proposal, KCC will be launched as the first sub-committee, including two branches, the BUGHOLE Committee and the KnightFury Alliance. Each branch will receive an operating budget of 1.5 million KLAY tokens for investment, marketing and other activities.

The initial operating period of KCC is 6 months, after which it will be decided whether to extend it based on performance evaluation. The Kaia Foundation stated that the establishment of KCC will be an important milestone in the sustainable growth of the Kaia ecosystem and is currently awaiting approval by the vote of the Kaia Governance Committee. If approved, KCC will start operations immediately after the vote ends.